Business
‘Twiggy’ Forrest’s Fortescue plans plunge into PNG hydropower – Sydney Morning Herald
Twiggy Forrest’s Fortescue has struck a deal with the government of Papua New Guinea to explore developing the country’s hydropower resources
“This is more than just a hydroelectric power scheme … This is enabling our country to become partners in the development of carbon-neutral industries that provide lots of employment, lots of investment opportunities and growth across the country, in industries that are normally built in countries like Australia and China.”
In the past week, Mr Forrest and the Fortescue team had flown over several potential hydroelectric sites and were “excited at the prospect” of developing the Purari river …
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